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Czech Republic Industrial : Vital leasing activity - Q2 2013

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A research produced by DTZ

Czech Republic Industrial : Vital leasing activity - Q2 2013

Industrial development activity continues to accelerate slightly. The highest amount of new supply since the global economic downturn should be completed this year.

Gross take-up in the first half of 2013 reached the second highest level since 2006. In total 457,000 sq m were leased or renegotiated during H1 2013.

Net take-up in Q2 2013 was driven by occupier activity around Prague, the Ústí nad Labem region and the South Moravia region. The market has experienced the strongest Q2 since 2010.

Net absorption reached the lowest level since Q2 2010.

Prime headline rents are predicted to remain stable during 2013.

Source : DTZ (Groupe UGL)

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Keywords : DTZ